Global Cocoa Butter Substitutes (CBS) Market Growth 2023-2029

Global Cocoa Butter Substitutes (CBS) Market Growth 2023-2029

Cocoa Butter Substitutes (CBS) are lauric based, hardened, non-tempered fats that are used as a substitute for cocoa butter and are ideal for compound chocolate and moulded products, while they are also excellent as coatings for biscuits and wafers.
LPI (LP Information)' newest research report, the “Cocoa Butter Substitutes (CBS) Industry Forecast” looks at past sales and reviews total world Cocoa Butter Substitutes (CBS) sales in 2022, providing a comprehensive analysis by region and market sector of projected Cocoa Butter Substitutes (CBS) sales for 2023 through 2029. With Cocoa Butter Substitutes (CBS) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cocoa Butter Substitutes (CBS) industry.
This Insight Report provides a comprehensive analysis of the global Cocoa Butter Substitutes (CBS) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cocoa Butter Substitutes (CBS) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Cocoa Butter Substitutes (CBS) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cocoa Butter Substitutes (CBS) and breaks down the forecast by sales channel, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cocoa Butter Substitutes (CBS).
The global Cocoa Butter Substitutes (CBS) market size is projected to grow from US$ 441.4 million in 2022 to US$ 570.5 million in 2029; it is expected to grow at a CAGR of 570.5 from 2023 to 2029.
Global core cocoa butter substitutes manufacturers include AAK AB, Bunge Loders Croklaan and Wilmar International etc. The Top 3 companies hold a share about 40%. Asia Pacific is the largest market, with a share about 40%, followed by North America and Europe with the share about 33% and 19%.
This report presents a comprehensive overview, market shares, and growth opportunities of Cocoa Butter Substitutes (CBS) market by product sales channel, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by sales channel
Direct Sales
Indirect Sales
Segmentation by application
Food
Candy
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
AAK AB
Bunge Loders Croklaan
Wilmar International
Fuji Oil
Cargill
Premium Vegetable Oils Sdn Bhd
FGV IFFCO Sdn Bhd
Nisshin Oillio
Musim Mas
Olam International
Mewah Group

Key Questions Addressed in this Report
What is the 10-year outlook for the global Cocoa Butter Substitutes (CBS) market?
What factors are driving Cocoa Butter Substitutes (CBS) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Cocoa Butter Substitutes (CBS) market opportunities vary by end market size?
How does Cocoa Butter Substitutes (CBS) break out sales channel, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.